Aegisoft, a global provider of multi-market trading platforms and FIX validation solutions, has reported that the Singapore Mercantile Exchange (SMX) has selected its Client Simulator to ensure the orderly execution of FIX conformance testing.
Reportedly, Client Simulator acts as a fully featured simulation of buy-side clients for the purpose of testing inbound FIX order flow. It supports multiple asset classes, including: equities, futures, options and FX. It has added that Client Simulator reduces development and QA cycles so that customers can release their trading system faster and deliver the quality software.
Norm Friedman, vice president of Aegisoft, said: As trading volumes and market data messaging rates continue to rise, the importance of an end-to-end solution such as our FIXTest Marketplace can be applied to the real world challenges of faster time to market, better software quality and risk mitigation.”
SMX is the pan-Asian international commodity and derivatives exchange offering market participants an opportunity to trade Asian commodities on one platform in the Asian time zone.
